PremierPINC
About: Premier Inc is a Charlotte, North Carolina-based technology-driven healthcare improvement company, uniting an alliance of United States (U.S.) hospitals, health systems, and other providers and organizations to transform healthcare. The company's revenue is all sourced domestically and is reported in two business segments: the supply chain services and the consulting and technology platform of performance services. It generates the majority of its revenue from the supply chain services segment.
Employees: 2,900
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
8.3% more ownership
Funds ownership: 75.35% [Q1] → 83.65% (+8.3%) [Q2]
6% less funds holding
Funds holding: 256 [Q1] → 241 (-15) [Q2]
18% less capital invested
Capital invested by funds: $2B [Q1] → $1.64B (-$360M) [Q2]
20% less repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 101
28% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 53
99% less call options, than puts
Call options by funds: $9K | Put options by funds: $625K
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Canaccord Genuity Richard Close 52% 1-year accuracy 14 / 27 met price target | 8%downside $21 | Hold Maintained | 6 Nov 2024 |
Barclays Stephanie Davis 59% 1-year accuracy 10 / 17 met price target | 5%upside $24 | Equal-Weight Maintained | 6 Nov 2024 |
Baird Eric Coldwell 63% 1-year accuracy 15 / 24 met price target | 12%downside $20 | Neutral Maintained | 6 Nov 2024 |
Canaccord Genuity Richard Close 52% 1-year accuracy 14 / 27 met price target | 16%downside $19 | Hold Maintained | 2 Oct 2024 |
JP Morgan Anne Samuel 50% 1-year accuracy 9 / 18 met price target | 16%downside $19 | Neutral Maintained | 9 Sept 2024 |
Financial journalist opinion
Based on 7 articles about PINC published over the past 30 days
